Announced
Completed
Synopsis
Warburg Pincus, a global private equity firm focused on growth investing, completed the acquisition of Sweeping Corp of America, a provider of facility maintenance services, from Soundcore Capital Partners, a private equity firm. Financial terms were not disclosed. "As a leading growth investor, Warburg Pincus has a strong history in partnering and developing high quality, category-defining businesses. As the only provider with significant scale and a growing national presence, this partnership will enable us to further expand service capacity, fuel continued innovation in our complimentary services, and support key growth initiatives, with a focus on strategic acquisitions. We would also like to thank our partners at Soundcore Capital Partners for their valuable contributions and strategic insight over the years," Christopher Valerian, SCA President & CEO.
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